DROPBOX INC-CLASS A (DBX) Stock Fundamental Analysis
USA - NASDAQ:DBX - US26210C1045 - Common Stock
32.025 USD
+0.15 (+0.49%)
Taking everything into account, DBX scores 5 out of 10 in our fundamental rating. DBX was compared to 280 industry peers in the Software industry. DBX scores excellent on profitability, but there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on DBX.
1. Profitability
1.1 Basic Checks
In the past year DBX was profitable.
In the past year DBX had a positive cash flow from operations.
DBX had positive earnings in 4 of the past 5 years.
Each year in the past 5 years DBX had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 17.46%, DBX belongs to the best of the industry, outperforming 93.21% of the companies in the same industry.
DBX's Return On Invested Capital of 52.97% is amongst the best of the industry. DBX outperforms 98.93% of its industry peers.
DBX had an Average Return On Invested Capital over the past 3 years of 17.97%. This is significantly above the industry average of 11.85%.
The 3 year average ROIC (17.97%) for DBX is below the current ROIC(52.97%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.46% | ||
| ROE | N/A | ||
| ROIC | 52.97% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
1.3 Margins
With an excellent Profit Margin value of 19.16%, DBX belongs to the best of the industry, outperforming 83.93% of the companies in the same industry.
DBX's Profit Margin has improved in the last couple of years.
DBX has a Operating Margin of 22.67%. This is amongst the best in the industry. DBX outperforms 88.57% of its industry peers.
In the last couple of years the Operating Margin of DBX has grown nicely.
With an excellent Gross Margin value of 81.35%, DBX belongs to the best of the industry, outperforming 83.93% of the companies in the same industry.
DBX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.67% | ||
| PM (TTM) | 19.16% | ||
| GM | 81.35% |
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DBX is creating value.
Compared to 1 year ago, DBX has less shares outstanding
Compared to 5 years ago, DBX has less shares outstanding
Compared to 1 year ago, DBX has a worse debt to assets ratio.
2.2 Solvency
DBX has an Altman-Z score of 0.78. This is a bad value and indicates that DBX is not financially healthy and even has some risk of bankruptcy.
DBX has a worse Altman-Z score (0.78) than 66.07% of its industry peers.
The Debt to FCF ratio of DBX is 3.00, which is a good value as it means it would take DBX, 3.00 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.00, DBX is doing good in the industry, outperforming 63.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3 | ||
| Altman-Z | 0.78 |
ROIC/WACC5.25
WACC10.09%
2.3 Liquidity
DBX has a Current Ratio of 0.60. This is a bad value and indicates that DBX is not financially healthy enough and could expect problems in meeting its short term obligations.
DBX's Current ratio of 0.60 is on the low side compared to the rest of the industry. DBX is outperformed by 87.50% of its industry peers.
A Quick Ratio of 0.60 indicates that DBX may have some problems paying its short term obligations.
DBX has a worse Quick ratio (0.60) than 87.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
DBX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.32%, which is quite impressive.
The Earnings Per Share has been growing by 38.64% on average over the past years. This is a very strong growth
DBX shows a decrease in Revenue. In the last year, the revenue decreased by -0.04%.
The Revenue has been growing by 8.93% on average over the past years. This is quite good.
EPS 1Y (TTM)22.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%18.33%
Revenue 1Y (TTM)-0.04%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-1.39%
3.2 Future
DBX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.92% yearly.
The Revenue is expected to decrease by -1.17% on average over the next years.
EPS Next Y8.86%
EPS Next 2Y8.23%
EPS Next 3Y5.13%
EPS Next 5Y2.92%
Revenue Next Year-1.83%
Revenue Next 2Y-1.21%
Revenue Next 3Y-0.93%
Revenue Next 5Y-1.17%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.69, the valuation of DBX can be described as very reasonable.
88.21% of the companies in the same industry are more expensive than DBX, based on the Price/Earnings ratio.
DBX is valuated cheaply when we compare the Price/Earnings ratio to 27.27, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.89, the valuation of DBX can be described as reasonable.
Based on the Price/Forward Earnings ratio, DBX is valued cheaply inside the industry as 88.93% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.77. DBX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 10.89 |
4.2 Price Multiples
86.07% of the companies in the same industry are more expensive than DBX, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DBX indicates a rather cheap valuation: DBX is cheaper than 95.36% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.69 | ||
| EV/EBITDA | 13.95 |
4.3 Compensation for Growth
DBX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
DBX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.32
PEG (5Y)0.3
EPS Next 2Y8.23%
EPS Next 3Y5.13%
5. Dividend
5.1 Amount
No dividends for DBX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:DBX (9/16/2025, 1:45:06 PM)
32.025
+0.15 (+0.49%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners114.18%
Inst Owner Change5.3%
Ins Owners5.88%
Ins Owner Change5.14%
Market Cap8.64B
Analysts51.58
Price Target28.61 (-10.66%)
Short Float %9.53%
Short Ratio5.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.38%
Min EPS beat(2)11.32%
Max EPS beat(2)11.44%
EPS beat(4)4
Avg EPS beat(4)12.53%
Min EPS beat(4)11.32%
Max EPS beat(4)15.74%
EPS beat(8)8
Avg EPS beat(8)11.93%
EPS beat(12)12
Avg EPS beat(12)11.35%
EPS beat(16)16
Avg EPS beat(16)9.58%
Revenue beat(2)1
Avg Revenue beat(2)-0.05%
Min Revenue beat(2)-0.25%
Max Revenue beat(2)0.16%
Revenue beat(4)1
Avg Revenue beat(4)-0.26%
Min Revenue beat(4)-0.7%
Max Revenue beat(4)0.16%
Revenue beat(8)1
Avg Revenue beat(8)-0.33%
Revenue beat(12)3
Avg Revenue beat(12)-0.15%
Revenue beat(16)5
Avg Revenue beat(16)-0.15%
PT rev (1m)-0.45%
PT rev (3m)-0.45%
EPS NQ rev (1m)-0.58%
EPS NQ rev (3m)1.14%
EPS NY rev (1m)2.46%
EPS NY rev (3m)2.85%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)0.53%
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 10.89 | ||
| P/S | 3.41 | ||
| P/FCF | 9.69 | ||
| P/OCF | 9.58 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.95 |
EPS(TTM)2.74
EY8.56%
EPS(NY)2.94
Fwd EY9.18%
FCF(TTM)3.31
FCFY10.32%
OCF(TTM)3.34
OCFY10.44%
SpS9.39
BVpS-4.84
TBVpS-6.67
PEG (NY)1.32
PEG (5Y)0.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.46% | ||
| ROE | N/A | ||
| ROCE | 62.12% | ||
| ROIC | 52.97% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 22.67% | ||
| PM (TTM) | 19.16% | ||
| GM | 81.35% | ||
| FCFM | 35.23% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
ROICexc(3y)69.99%
ROICexc(5y)80.12%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)21.07%
ROCE(5y)17.71%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-15.6%
ROICexc growth 5YN/A
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
F-Score4
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3 | ||
| Debt/EBITDA | 2.55 | ||
| Cap/Depr | 6.71% | ||
| Cap/Sales | 0.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 124.51% | ||
| Profit Quality | 183.81% | ||
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 0.78 |
F-Score4
WACC10.09%
ROIC/WACC5.25
Cap/Depr(3y)17.74%
Cap/Depr(5y)24.54%
Cap/Sales(3y)1.13%
Cap/Sales(5y)1.78%
Profit Quality(3y)165.94%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%18.33%
EPS Next Y8.86%
EPS Next 2Y8.23%
EPS Next 3Y5.13%
EPS Next 5Y2.92%
Revenue 1Y (TTM)-0.04%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-1.39%
Revenue Next Year-1.83%
Revenue Next 2Y-1.21%
Revenue Next 3Y-0.93%
Revenue Next 5Y-1.17%
EBIT growth 1Y12.3%
EBIT growth 3Y16.58%
EBIT growth 5YN/A
EBIT Next Year20.78%
EBIT Next 3Y4.99%
EBIT Next 5Y8.46%
FCF growth 1Y19.21%
FCF growth 3Y7.53%
FCF growth 5Y17.4%
OCF growth 1Y16.65%
OCF growth 3Y7%
OCF growth 5Y11.09%